Showing 1 - 10 of 99
This research explores the long-term equilibrium relationship between unemployment and labour force participation rates … focused on the study of time series is used to validate the unemployment invariance hypothesis and explore added and … the unemployment invariance hypothesis in several countries appears to reflect some rigidities that prevent the …
Persistent link: https://www.econbiz.de/10013546014
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …
Persistent link: https://www.econbiz.de/10010261377
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10010291522
restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …
Persistent link: https://www.econbiz.de/10014358809
EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …
Persistent link: https://www.econbiz.de/10012310881
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10013164115
Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement based on international microdata covering 19...
Persistent link: https://www.econbiz.de/10010261333
A large literature on ex ante moral hazard in income insurance emphasizes that the individual can affect the probability of an income loss by choice of lifestyle and hence, the degree of risk-taking. The much smaller literature on moral hazard ex post mainly analyzes how a ?moral hazard...
Persistent link: https://www.econbiz.de/10010261422
Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...
Persistent link: https://www.econbiz.de/10010264459
institutional determinants, especially labor-market institutions, on migrants' choices. Based on a large data set constructed from … immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage … and unemployment benefits have positive effects on migration. Also good education and health systems tend to attract …
Persistent link: https://www.econbiz.de/10010264522